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Jeff Bezos backs AI chipmaker Tenstorrent

Tenstorrent raises nearly $700 million in a Series D round that values the AI hardware company at more than $2.6 billion.

Tenstorrent raised a $693 million Series D round that values the company at more than $2.6 billion, Bloomberg first reported. Jim Keller, famed microprocessor engineer and Tenstorrent CEO, told Bloomberg that the company plans to release a new AI processor every two years and has signed customer contracts totaling nearly $150 million. TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.

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